80-20 Investor Best of the Best Selection – May 2023 Update

Commentary

Of the 30 funds in April's BOTB, 18 funds have retained their place in May's selection. The chart below shows the average performance of the BOTB during April (the red line) against a benchmark that is calculated using the respective sector averages for each fund in the BOTB and assuming the same asset mix (the green line). You can see that the BOTB outperformed its benchmark as its UK and European equity holdings with limited bank exposure helped boost performance .

The top performing funds in April's BOTB are shown below and there were some very strong performances. It's good to see AXA Framlington UK Equity Income, which is a recent addition to my £50k portfolio, in the list.

Fund April 2023 % return Schroder UK Alpha Plus 3.92 TB Evenlode Global Income 2.94 AXA Framlington UK Equity Income 2.61 Aviva Inv Global Equity Income 2.55 Artemis Strategic Assets 2.41

 

At the other end of the scale only four funds made a loss, two of which I hold in my £50k portfolio but those losses were more than offset by gains elsewhere.